Tuesday, April 7, 2009

Obama and his Clear Path to Fascism

It's becoming more and more obvious that the Obaministration is leading America down the path to classic fascism. Here's a brief definition of FASCISM:

As an economic system, fascism is socialism with a capitalist veneer. The word derives from fasces, the Roman symbol of collectivism and power: a tied bundle of rods with a protruding ax. In its day (the 1920s and 1930s), fascism was seen as the happy medium between boom-and-bust-prone liberal capitalism, with its alleged class conflict, wasteful competition, and profit-oriented egoism, and revolutionary Marxism

Where socialism sought totalitarian control of a society’s economic processes through direct state operation of the means of production, fascism sought that control indirectly, through domination of nominally private owners. Where socialism nationalized property explicitly, fascism did so implicitly, by requiring owners to use their property in the “national interest”

Where socialism abolished money and prices, fascism controlled the monetary system and set all prices and wages politically.

Under fascism, the state, through official cartels, controlled all aspects of manufacturing, commerce, finance, and agriculture.

This is to show that Obama's not heading towards pure socialism, but fascism. I think it's scary to find the similarities between the definition of fascism, and the new Government policies. Even more scarier is to follow the evolution of fascist economy in Italy, under Mussolini:

Trying to handle the crisis, the Fascist government nationalized the holdings of large banks which had accrued significant industrial securities. The government also issued new securities to provide a source of credit for the banks and began enlisting the help of various cartels.

This economic model based on a partnership between government and business was soon extended to the political sphere, in what came to be known as corporatism. Various banking and industrial companies were financially supported by the state.

The national leader] also adopted a Keynesian policy of government spending on public works to stimulate the economy. Public works spending tripled to overtake defense spending as the largest item of government expenditure.